The other day, I posted a question on LinkedIn for all Coupleprenuers (husband & wife business partners). I asked them the following question:
It was interesting to hear people's responses.
One person said, "Managing Expectations". I think that this applies to ALL business partners, but especially husbands and wives. Anytime there is a partnership where expectations aren't clear and plainly written, there is a problem - because somebody didn't do their part; yet, they may not have know they were supposed to. It is SO IMPORTANT to address expecations BEFORE a partnership is made in order to minimize conflicts. And when the conflicts do come up, they need to be addressed and resolved immediately.
Another person said "you must separate business from personal life." This is very good insight for couplepreneurs - I know because Brooke and I encounter this issue everyday. Owning your own business is a blessing and a curse. The blessing is more flexibility and being your own boss and the curse is more flexibility and being your own boss. Because you run the show, it means you can work ALL THE TIME and AT ALL HOURS OF THE DAY, and nobody will tell you to go home. And then you get home just to talk about business. Being coupleprenuers, you definitely get to spend more time with your spouse and it is nice to be working towards the same business goals - but at the same time, you are still husband and wife and need a PERSONAL relationship in addition to a BUSINESS relationship. So, make sure you MAKE TIME for your personal lives and it will help your business lives!
So, Southern Utah Coupleprenuers, what is your biggest struggle running a business with your spouse?
-Troy B., Utah's Authorized Duct Tape Marketing Coach
Quote of the Day: "Fame is a vapor, popularity an accident, riches take wings, those who cheer today will curse tomorrow; only one thing endures - character." - Horace Greeley